GasLog CFO steps down

GasLog Ltd and GasLog Partners LP have announced that Simon Crowe has decided to step down as Chief Financial Officer.

In order to ensure a smooth transition, Crowe will remain in his current position under 30 June 2017.

The Chairman of GasLog and Director of GasLog Partners, Peter Livanos, said: “Simon joined GasLog at a critical point as it evolved from a private business into a leading publically traded LNG transportation company. During the years Simon has held the role of CFO at GasLog, he has been instrumental in building a strong finance team and executing a great number of successful capital market transactions, the most significant of which was the IPO of our MLP, GasLog Partners. I would like to wish Simon every success in his continuing career."

Paul Wogan, GasLog CEO, added: “I have thoroughly enjoyed working closely with Simon over the last four years, absorbing his energy and passion for the business. His support and influence on the business will certainly be missed. Simon is committed to ensuring a smooth transition for his replacement and we are hopeful that an announcement on this will soon be forthcoming. We all wish Simon well as he moves onto other opportunities."

Andy Orekar, GasLog Partners CEO, said: “Simon has been a trusted and valued partner to me since the inception of our MLP. He has developed an outstanding finance and accounting organisation and served as a mentor to our high performing group of professionals. I am confident that Simon will bring his many talents and expertise to his next endeavour."

Crowe said: “Since joining GasLog, I have been part of something very special as we have profitably grown from 10 vessels in 2013 to 28 today. It has been very rewarding to help build what is certainly a world class operator of LNG carriers, and develop a first class finance team. With the company strategically and financially well positioned, I feel the time is now right for me to seek new challenges outside of GasLog and GasLog Partners. I wish the company well and look forward to watching it flourish."